The Trump administration is considering levying tariffs on the remaining $300 billion of Chinese exports to the United States so far unaffected by duties. Freight Intel, FreightWaves’ proprietary research group, […]
Chris Connor will succeed Kurt Nagle, the American Association of Port Authorities’ president and CEO since 1995.
The temperature-sensitive containers will be used to transport vaccines and other high-value biopharmaceutical shipments.
The commission voted 3-2 Thursday to deny an ILWU appeal of a permit that allows APM Terminals to test automated terminal equipment at Pier 400.
Six crew members have been arrested on federal charges and face possible life sentences after about 17.5 tons of cocaine were found on the ship in Philadelphia.
All current members will step aside as part of the acquisition agreement.
The Harbor Maintenance Tax is a disincentive for short sea shipping because it is imposed at both the port of entry and secondary port, a House subcommittee was told.
Following a second large drug bust aboard its box-ships this year, international ocean container shipping line Mediterranean Shipping Company has had its Customs Trade Partnership Against Terrorism (C-TPAT) certificate suspended […]
Among other honorees are ONE’s Jeremy Nixon, APL, Crowley, LoadDelivered, PSA Singapore, AFLAS and World Post & Parcel winners and Pinnacle recipients.
Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is […]
Portline Bulk International in federal court Thursday agreed to pay a $1.5 million criminal fine for willfully dumping oily bilge into the ocean and falsifying its ship’s oil records.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
Japanese company Inpex (TSE: 16050) has today announced that it has filed a revised plan of development for the US$18-$20 billion Abadi Liquefied Natural Gas Project. The revised plan is […]
The port agency for Seattle and Tacoma is encouraging terminals to use extended hours, “peel-off” piles and street turns to ease congestion.
Changing harbor tax could help smaller ports compete with trucks
The Los Angeles Board of Harbor Commissioners narrowly approved a permit that would allow Maersk’s (Nasdaq OMX: MAER) terminals subsidiary to automate container moves at the largest marine terminal on […]
One of the highest-profile owners in ocean shipping expounds LNG’s appeal.
When the doors of the container were opened, the system recognized it was not at the correct location.
One lease extends the auto processor’s current lease at Blount Island Terminal, while the other provides 22.4 new acres of property at the Dames Point Marine Terminal.
Bonnie Reemsnyder and David Kooris are elected and Christopher Favreau and Kevin Boyer are hired.
An end to alliances also could result in fewer services calling only a limited number of ports.
Clothing retailer H&M, the first user of the product, wants to use its “size to be a force for good and enable scaling innovative solutions.”
The Senate Commerce Committee pressed witnesses on a variety of issues Wednesday during a hearing about surface transportation reauthorization.
The United States has been ranked number 43 in the official list that ranks the quality of shipping, owing to the less-than-optimal performance of U.S. flagged ships in overseas ports. The U.S. ranks right behind Saudi Arabia and just ahead of Libya on the Grey List, which is a ranking of less-than-the-best flag states.
The Port Authority of New York and New Jersey said this week that it is ready to be the second largest port in the U.S., thanks to the completion of […]
President Trump wants the federal government to weed out hundreds of no longer needed or inactive advisory committees from its roster.
Despite all the negative news, container shipping may be on a steadier course than in previous decades.
Carrier and logistics firm NFI was named in a report highlighting deficiencies in a New Jersey tax incentive program aimed at keeping businesses in the state. Camden-based NFI was one […]
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
All crew members have been reported safe and were rescued by a passing bulk carrier.
The industry is at “a new crossroads,” according to the co-author of a state of logistics report titled “Cresting the Hill.”
Sailors’ Society also appoints a new director general and International Maritime Rescue Federation trustees are elected.
The Port of Philadelphia is the scene of a major cocaine bust, the second one involving a container ship operated by Mediterranean Shipping Company. U.S. Customs and Border Protection and […]
Hundreds of barges carrying grains still waiting to be exported
After the investigation, FMCSA voided 223 active medical examiner certificates held by commercial drivers.
A shipyard in Port Arthur, Texas, received the most funding among the 28 shipyards with $1.36 million.
With expanded offerings, New York Shipping Exchange users now will be able to request binding contracts for multiple weeks at multiple ports.
The 23rd commandant of the Coast Guard said multilateral agreements and regional constructs have brought stability to other areas that have suffered from criminal activity.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.
Funding means “cross-border commerce critical to our economy is not impeded,” trade groups, chambers of commerce and companies said in a letter.
With a strong start to the year, the port says it is poised to overtake the Port of Long Beach as the nation’s second-largest container port.
The inclusion of ship-to-shore gantry cranes in the fourth tranche of Chinese tariffs would increase the costs by millions, AAPA President and CEO Nagle said.
The New York Stock Exchange (NYSE) has just welcomed another ship owner aboard. On June 17, the stock of liquefied natural gas (LNG) carrier owner Flex LNG (NYSE: FLNG) began […]
The US logistics industry is making strides in overcoming macro volatility by a focus on IT improvements and shipper-carrier relationships
One places restrictions on large ships; another changes composition of pilot board for Houston ship channel.
A study projects the state’s seaports to increase cargo tonnage by more than 32 million tons in the next five years to 142.4 million tons in fiscal year 2022-23.
Port of Virginia sees tariffs putting its billion-dollar expansion at risk.
It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted from the offer price.
Edgardo Antuñano is leading a team in Texas and Brian McGonagle is promoted in Florida.
The U.K. reportedly will send 100 Royal Marines and the U.S. will “guarantee freedom of navigation throughout the strait,” Secretary of State Mike Pompeo said.
New incentives for container shipping could bring more boxes through the canal to the U.S. East Coast.
The public is invited to weigh in during a July 24 public hearing or in writing by July 15.
Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.
A 200,000-square-foot facility in China will have a sorting capacity of 500,000 parcels per day.
One of Asia’s largest shipbuilders will help develop “digital twins” for ocean vessels, part of an effort to provide better monitoring and performance analytics around ocean shipping. South Korea’s Daewoo […]
FreightWaves’ SONAR chart of the week (June 16, 2019 – June 22, 2019) Chart of the Week: Drewry World Container Index – Shanghai to Los Angeles and Shanghai to New […]
There are enough molecules and enough preparation to get the maritime industry through the IMO2020 switchover. But how will trucking be impacted?
India’s largest commercial port in potential path of Cyclone Vayu.
Witnesses offered the House Highway and Transit differing views on a wide array of trucking priorities as Congress faces reauthorization of surface transportation legislation.
AOTOS award winners are announced; earning honors are C.R. England’s vets, Easy, environmental champions, NYK, outstanding young professional and state DOTs.
Suppliers, traders and ship operators will need to increase credit lines and be more diligent about counterparty risk.
Donald Broughton explains the harm that tariffs can do to the economies of the United States, the country(ies) that tariffs are imposed on and the global economy.
U.S. officials say video shows an unexploded limpet mine being removed from the Kokuka Courageous, but the president of the ship’s operator said the crew reported the vessel was hit […]
Tennessee court orders the technology company to pay a $500,000 fine for devices shipped in interstate commerce in 2014.
Despite trade war, exports and imports were up year-over-year in May.
Small carrier profits are about to be pressured by a large government organization and it’s not the FMCSA, DOT, or CVSA.
Iran has denied responsibility for the attacks carried out early yesterday morning on two tankers in the Gulf of Oman, the sea immediately adjacent to the Strait of Hormuz. A spokesman for the Iranian Foreign Ministry slammed the U.S. accusations as “baseless”. Maritime security experts say commercial ships are impossible to defend.
Slow growth in intra-Asia volumes seen as a harbinger for long-distance container trades in peak season.
New chairman and vice chairman will lead The International Air Cargo Association and global corporate insurance carrier will make management changes.
The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.
An independent valuation of DryShips’ fleet by VesselsValue puts the bid to take it private in context.
More than 48% of freight traveling to or from the German port is carried by railcar.
Achim Martinka is named vice president for Germany and Dan Byrne is promoted to chief revenue officer.
The multistep requirements for initial applications and renewals have been simplified by the Ministry of Transport.
The balance among the fuels needed to be in compiant with the new rule will have a knock-on effect down to the price at the pump.
Volvo’s Vera autonomous vehicle is now moving containers from a local distribution center to the port in Gothenburg, Sweden.
The Norwegian-owned Front Altair was “suspected of being hit by a torpedo” and the Japanese-owned Kukako Courageous was struck “with some sort of shell.”
The company said the refrigeration units are part of its commitment to environmental sustainability.
Frontier Logistics’ 550,000-square-foot facility will support the handling of plastic and resin exports from the Port of Charleston.
Middle East tanker attacks could spur oil importers to bring forward purchases, increasing shipping demand.
Two people were arrested by federal authorities after more than $1 billion worth of cocaine was found Monday in containers aboard the MSC Gayane.
Exporters at the annual meeting of the Agriculture Transportation Coalition lament lack of visibility and carrier accountability and the disappearance of telephones.
Washington’s container ports are looking to incent marine terminals to open at off-peak hours for trucks in preparation for the peak shipping season. The move underscores how U.S. ports are […]
Suezmax tankers can carry half as much crude as VLCCs, but now command twice the VLCC rate.
The blast occurred Tuesday in the engine room of the M/V VF Tanker-16 and caused three other crew members to go to the hospital, Volga Shipping Company said.
Scale and critical mass matter to transshipment hubs, but location and inland connectivity are more important to gateway terminals, said Drewry’s Neil Davidson.
A new report says additive manufacturing may negatively affect transportation industry’s revenues.
The ship left Malaysia’s Port of Tanjung Pelepas on June 1 with 19,284 TEUs onboard, surpassing the total of 19,190 TEUs loaded on the MOL Tribute in February.
Shipping line’s announcement says the chief financial officer since 2015 will “take over new projects in Chile.”
The 8,469-TEU CMA CGM Dalila arrived Wednesday as part of the carrier’s Pacific Express 3 service.
The Port of Los Angeles saw May container volumes grow at their best year-to-date level since January, even as empty containers still account for most of the growth. To keep […]
Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.
International shipping has become one of the largest drivers of domestic shipping volumes in the United States over the past several years. Knowing when and where container volumes are moving […]
The agreement — also signed by Russian Direct Investment Fund, Rosatom and Norilsk Nickel — outlines a study of the commercial options for the use of the NSR.
Millions of tons of cargo, inducing U.S. grains, remain stuck due to flooding.
Fiscal year-to-date TEU volume at the two container terminals is up 9.7%.
Maersk is building a cold storage facility for bananas as well as refrigerated and frozen products in St. Petersburg.
Developers are poised to bring new software to the ocean shipping sector. What will work and what will not?
The exact cause is still unknown, but initial reports found the schooner turned in front of the Astrosprinter in the Elbe River, according to a German radio station.
